The Hong Kong-headquartered firm raised its latest funds from investors including Kronos Ventures, Cherry Crypto and Mechanism Capital.
Anboto Labs, a Hong Kong-based crypto trading execution tool provider, has raised $3 million in funding and launched an institutional-grade non-custodial trading platform, the company said.
The fresh funds come on top of the $1.9 million the company raised last year, putting its valuation at $35 million, Guillaume Forcade, co-founder of Anboto, told The Block. “We've been revenue-generating since day one and today we are excited to introduce our execution platform to a broader audience of experienced traders,” Forcade said. “With the public launch of our platform, Anboto can now scale to support thousands of traders simultaneously.
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